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LIC MF Banking And Financial Services Fund-Regular Plan-Growth

Category: Equity: Sectoral-Banking and Financial Services
Launch Date: 23-03-2015
Asset Class: Equity
Benchmark: Nifty Financial Services TRI
Expense Ratio: 2.7% As on (31-12-2019)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 500.0
Total Assets: 58.9 Cr As on (31-01-2020)
Turn over: 7% | Exit Load: For units in excess of 12% of the investment,1% will be charged for redemption within 365 days
NAV as on 14-02-2020

12.0401

-0.11 (-0.9261%)

CAGR Since Inception

3.85%

Nifty Financial Services TRI 19.43%

PERFORMANCE

Returns Type:
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End : 
Period:  
This Scheme
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vs
Nifty Financial Services TRI
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Gold
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PPF
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RETURNS ANALYSIS

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Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
There is no value for 2x
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

The scheme seeks to generate long-term capital appreciation from a portfolio that invested substantially in equity and equity related securities of companies engaged in banking and financial services sector.

Current Asset Allocation (%)

Indicators

Volatility -
Sharp Ratio -
Alpha -3.17
Beta 1.0
Yield to Maturity -
Average Maturity -

PEER COMPARISON

Scheme Name Inception
Date		 1 Year
Return(%)		 2 Year
Return(%)		 3 Year
Return(%)		 5 Year
Return(%)		 10 Year
Return(%)
LIC MF Banking And Financial Services Fund-Regular Plan-Growth 23-03-2015 20.42 1.66 4.67 - -
Sundaram Financial Services Opportunities Fund Reg Growth 10-06-2008 29.85 11.04 13.21 9.65 12.38
Tata Banking And Financial Services Fund-Regular Plan-Growth 18-12-2015 27.33 12.74 16.33 - -
Taurus Banking & Financial Services Fund - Regular Plan - Growth Option 22-05-2012 26.54 14.78 16.91 9.46 -
SBI Banking and Financial Services Fund - Regular Plan - Growth 05-02-2015 25.81 16.43 19.62 - -
Invesco India Financial Services Fund - Retail Growth 14-07-2008 25.03 10.59 16.65 11.91 15.6
Baroda Banking and Financial Services Fund - Plan A - Growth Option 22-06-2012 24.99 11.93 13.43 8.79 -
ICICI Prudential Banking and Financial Services Fund - Growth 01-08-2008 20.27 7.44 12.46 12.28 17.49
Aditya Birla Sun Life Banking and Financial Services Fund - Regular Plan - Growth 05-12-2013 19.58 6.69 11.81 12.2 -
SAHARA BANKING & FINANCIAL SERVICES FUND- GROWTH OPTION 16-09-2008 18.67 10.87 14.95 9.52 12.83

Scheme Characteristics

Minimum investment in equity & equity related instruments of a particular sector/ particular theme - 80% of total assets.

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Small Cap

5.01%

Others

2.86%

Large Cap

76.8%

Mid Cap

16.53%

Scheme Documents

There are no scheme documents available

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#

Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **

# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund

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